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SunPump on Tron: Challenges and Solutions

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by Giorgi Kostiuk

3 hours ago

The SunPump platform built on Tron experienced swift success, but was undermined by the market crash. Tron founder Justin Sun responded by pledging to cover the losses.

Success and Crash of SunPump

The Tron-based SunPump platform initially showed successful results but was negatively affected by the subsequent market crash.

Justin Sun's Promise

Tron founder Justin Sun stated that his principle when launching memecoins is to avoid profit. He promised to cover all losses and donate all proceeds.

The first rule of memecoin issuance on Tron: No profit. At this point I personally will not make a single penny of profit from memes. Any losses will be fully covered by me and all proceeds will be donated.Justin Sun

Memecoin Production on the Platform

According to Onchain Lens analyst, the SunPump platform released more than 100 memecoins on March 18. A total of 95,573 tokens have been released, generating $5.74 million in fee revenue.

Despite challenges, Tron remains actively engaged with the memecoin market, with Justin Sun's leadership showcasing responsibility for the platform's financial outcomes.

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